Management team completes full buyout of provider @Sipp   

Majority shareholders are Eddie McGuire and Steve Lancaster

Jenna Brown
clock • 2 min read

The management team of provider @SIPP has completed full buyout of the business.

The specialist self-invested personal pension (SIPP) and small self-administered scheme (SSAS) provider said the management buyout (MBO) was led by managing director Eddie McGuire and finance director Steve Lancaster. The entire share capital of Glasgow-headquartered @SIPP was bought for an undisclosed sum by @SIPP Group Holdings, a holding company established by the existing management team. The team said it was keen for the business - which was established in 2001 and has £2bn in assets under administration from 4,600 clients and 550 financial advisers - to remain independent and co...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Advisers place focus on retirement support as providers lack 'meaningful' engagement

Advisers place focus on retirement support as providers lack 'meaningful' engagement

People’s Pension poll shows 54% of IFAs say providers struggle to create ‘meaningful’ engagement

Martin Richmond
clock 19 August 2026 • 3 min read
Pensioner poverty has risen for more than a decade, warns LCP

Pensioner poverty has risen for more than a decade, warns LCP

Single and divorced pensioners most affected and should be focus for future policy

Alex Levy
clock 18 August 2026 • 4 min read
Why reliable SIPP administration matters more than ever

Why reliable SIPP administration matters more than ever

This is a classic 'sledgehammer to crack a nut' response

Rachel Vahey
clock 17 August 2026 • 3 min read